Introduction
The Saudi Arabian economy saw annual average growth of 4.0% during 200208 but decelerated in 2009. The economy remains heavily dependent on oil, meaning that GDP growth can be greatly affected by changes in oil prices and output. This was evident in 2009, when oil output cuts reduced GDP growth to just 0.6% compared to 4.2% in 2008. However, the economy recovered to post growth of 3.6% in 2010.
Features and benefits
* Understand how Saudi Arabia can be used to plan business investments or market entry through a holistic view of the country.
* Gain an understanding of the political situation in Saudi Arabia, including key figures in the country and governance indicators.
* Understand customer demographics through analysis of income distribution and the rural-urban split, as well as healthcare and education.
Highlights
The PESTLE analysis of Saudi Arabia identifies issues that affect the country's performance using the strengths, weaknesses, opportunities, and threats (SWOT) framework.
The political landscape section discusses the evolution of the political scenario in Saudi Arabia, as well as the country's economic, social, foreign, and defense policies. The section also discusses the country's performance according to World Bank Governance Indicators.
The economic landscape section outlines the evolution of Saudi Arabia's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment.
Your key questions answered
* How does Saudi Arabia perform in terms of technology-intensive sectors like telecoms and IT, patents, and R&D expenditure trends?
* What is the legal structure in Saudi Arabia and are the laws conducive to investment?
* How does Saudi Arabia perform in terms of environmental indicators and its environmental policies?
* How does Saudi Arabia perform in terms of healthcare, income distribution, and education?
